CEVA opens Foreign Trade Zone operation in Miami

Global third-party logistics (3PL) services provider CEVA Logistics recently announced that it opened up a new Miami-based Foreign Trade Zone (FTZ) operation, which was approved by U.S. Customs and Border Protection (CBP). CEVA also has FTZ locations in Los Angeles, Dallas-Fort Worth and Chicago.

By ·

Global third-party logistics (3PL) services provider CEVA Logistics recently announced that it opened up a new Miami-based Foreign Trade Zone (FTZ) operation, which was approved by U.S. Customs and Border Protection (CBP). CEVA also has FTZ locations in Los Angeles, Dallas-Fort Worth and Chicago.

CEVA said that this new FTZ is comprised of an activated, secured and compliance controlled 4,172 square-foot area, which leverages CBP’s approved inventory-controlled systems, the Zone Lot Tracking System and First In, First Out Universal Identification Number System. For the former, each part of the shipment moves into and out of the zone as a unit, and for the latter individual parts are added to inventory and withdrawn using a First In First Out inventory recordkeeping system.  Those parts that were admitted first are shown on the inventory records as being withdrawn first.

Brenda Custer-Espeleta, Vice President, US Customs Brokerage Operations for CEVA told LM that servicing customers is what drove CEVA to open this Miami-based FTZ, which is in a location that is critical to the Latin American market and added that this project had been planned for the last nine months.

“An FTZ offers many benefits,” she said,” “the biggest is the potential to save Merchandise Processing Fees, (Fees that Customs charges on every entry filing) by utilizing Weekly Entry, which can only be done through a FTZ.”

Other benefits of an FTZ cited by CEVA include: Duty deferral – duties paid only upon transfer of goods from the FTZ into the U.S.; duty elimination on exports; duty reduction if scrap/waste while within the FTZ; and Harbor Maintenance Fee (HMF) deferred for Ocean arrivals – due quarterly rather than on arrival; and the biggest advantage - Merchandise Processing Fee (MPF) savings, paying a maximum of $485 weekly rather than $485 for each shipment.


About the Author

Jeff Berman, Group News Editor
Jeff Berman is Group News Editor for Logistics Management, Modern Materials Handling, and Supply Chain Management Review. Jeff works and lives in Cape Elizabeth, Maine, where he covers all aspects of the supply chain, logistics, freight transportation, and materials handling sectors on a daily basis. Contact Jeff Berman

Subscribe to Logistics Management Magazine!

Subscribe today. It's FREE!
Get timely insider information that you can use to better manage your entire logistics operation.
Start your FREE subscription today!

Article Topics

All Topics
Latest Whitepaper
Supplier Relationship Micro Management
Optimizing Across Six Guiding Principles
Download Today!
From the July 2017 Logistics Management Issue
E-commerce continues to fuel a boom that’s tempered by overcapacity, rate pressures, sluggish demand and political doubt. The result: “cognitive dissonance” that finds a $1.4 trillion market scratching its head.
2017 Truckload Brokerage Roundtable: Technology continues to connect the dots
Cloud Transportation Management Systems (TMS): Weis Markets streamlines “both sides” of the DC door
View More From this Issue
Subscribe to Our Email Newsletter
Sign up today to receive our FREE, weekly email newsletter!
Latest Webcast
Women in Logistics: Breaking Gender Roles to Win the War for Talent
In this session you'll hear from a panel of women who are now leading top-level logistics and supply chain operations. The panel will share their success stories as well as advice for women who are now making their way up the ladder.
Register Today!
EDITORS' PICKS
28th Annual State of Logistics: Into the great unknown
E-commerce continues to fuel a boom that’s tempered by overcapacity, rate pressures, sluggish...
2017 Top 50 3PLs: Investment and Consolidation Maintain Traction
The trend set over the past few years for mergers and acquisitions has hardly subsided, and a fresh...

The Evolution of the Digital Supply Chain
Everyone is talking about terms like digitization, Industry 4.0 and digital supply chain management,...
2017 Salary Survey: Fresh Voices Express Optimism
Our “33rd Annual Salary Survey” reflects more diversity entering the logistics management...